Retire From Work

BUT NOT FROM LIFE

  • Get cash-out to use however you want.

  • No monthly payments for the rest of your life.

  • Fix up or remodel your home.

  • Purchase a new retirement home

  • Pay-off medical bills or other debts you have

If you’re 55 or older and own your home,

You can use your equity to enjoy your retirement.

*In the state of TX, must be 62 years or older.

Retire From Work

But Not From Life

  • Get cash-out to use however you want.

  • No monthly payments for the rest of your life.

  • Fix up or remodel your home.

  • Purchase a new retirement home

  • Pay-off medical bills or other debts you have

If you’re 55 or older and own your home, You can use your equity to enjoy your retirement.

*In the state of TX, must be 62 years or older.

What is a Reverse Mortgage?

According to a 2016 study by the National Council on Aging, reverse mortgages may help seniors to pay daily living expenses.

A reverse mortgage is a type of mortgage loan that the FHA (Federal Housing Administration) insures. A Reverse Mortgage is only available to homeowners aged 62 or older. There are no monthly payments require ever and it does not become due for as long as the homeowner lives in the property as their primary residence, continues to pay required property taxes and insurance and maintains the home as their primary residence.

Additionally, there are Proprietary Reverse Mortgage Lenders that make Reverse Mortgage loans available to Homeowners aged 55 or older. So, if you are not yet 62 years old, please still free to call on us and see if you can still qualify.

* Please note that in Texas both homeowners must be 62 years old.

What are the seniors saying who have taken out reverse mortgages?

According to an AARP survey of 1500 seniors who had obtained a reverse mortgage, is that reverse mortgages may be more practical than most realize. The following is how those 1500 seniors responded to the AARP multiple surveys:

  • 95% reported that a reverse mortgage partially to fully met their financial needs

  • 94% reported a greater peace of mind

  • 89% described having a more comfortable lifestyle

  • 93% reported that their reverse mortgage had a positive effect on their life

  • 87% answered that they had a better quality of life

  • 100% satisfied with our customer service

Is a Reverse Mortgage Right for You?

You Have Worked All Your Life For Your Home & It’s About Time Your Home Works For You!

  • Your home’s value may be the highest it’s been in some time. NOW is the time to take advantage of the steady equity growth we have recently had.

  • You could take out a partial lump sum, take monthly installments, or set up a line of credit that continues to grow to take advantage of your home value rising

  • If your home currently has a mortgage or home equity loan, the Reverse Mortgage may pay off that debt, plus any other debt you wish.

  • Utilize the Reverse Mortgage for purchase and downsize or buy your dream retirement home and save funds for a nest egg.

Why Choose Us?

Any big financial decision like a reverse mortgage requires that you are confident – not only in the decision but also in who you trust to guide you through the process. Our well-experienced Reverse Mortgage Specialist will ensure a successful and positive experience.

Education

FIRST, WE WILL DISCUSS YOUR SPECIFIC NEEDS. SECOND, WE WILL PRESENT YOUR WITH A QUOTE OUTLINING THE BENEFITS, OPTIONS AND COSTS RELATED TO OBTAINING A REVERSE MORTGAGE.

Qualification

OUR EXPERIENCED REVERSE MORTGAGE SPECIALISTS WILL PRE-QUALIFY YOU TO GET APPROVED BY REVIEWING YOUR INCOME, CREDIT, EQUITY POSITION, PROPERTY TYPE AND CONDITION OF PROPERTY.

Counselling

Our government requires all reverse mortgage applicants to undergo HUD approved counseling. This counseling is performed by an unbiased third-party agency and will only take about 30 minutes over the phone.

Application

After you have completed counseling, we will set up a time to meet over the phone to go over your loan application and to help you obtain some of the required documentation.

Approval

When we have your completed application along with any additional required documentation – plus an appraisal with a confirmed value — then we will set up a closing date for you to sign the final closing documents.

Funding

Your reverse mortgage will be funded! After a three-day Right of Rescission, your proceeds will be distributed through the method of your choosing.

Choose Your Option

Get a No-Obligation Rate and Closing cost Analysis!Survey

Borrower Information:

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Refinance:

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Purchase:

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Loan Details:

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Certifications:

I hereby certify that the information provided is accurate and complete to the best of my knowledge. I understand that any false statements may result in the denial of my loan application.

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WE ARE STRONGER TOGETHER

Qualify

Find out how much equity you can access with our free estimate.

Consult

TALK TO A LOAN OFFICER TODAY TO DISCUSS YOUR OPTIONS - GET CASHOUT BY ACCESSING EQUITY IN YOUR HOME AND ELIMINTATE MORTGAGE PAYMENTS FOR LIFE.

*YOU MUST STILL PAY YOUR PROPERTY TAXES IN YOUR HOMEWOWNERS INSURANCE

Receive

Receive the money in the following ways: Lumpsum cash out, Generous home equity line of credit for life, Monthly payments to you for life.

Review

There are no monthly payments and timely reviews will determine if more funds are available as time goes by.

Reverse Mortgage Authority is your trusted partner in unlocking the untapped potential within your home. With a commitment to transparency, expertise, and personalized service, we specialize in tailoring reverse mortgage solutions to empower homeowners ages 62 years old for FHA and 55 for proprietary.

CONTACT INFORMATION

Name: Forrest Layton

Title: Broker/Owner

Phone Number: 818-274-9969

Email Address: [email protected]

NMLS License: 457575

972-769-5242 | LAYTON FINANCIAL SERVICES CORP | DBA LAYTON MORTGAGE | DBA REVERSE MORTGAGE AUTHORITY | NMLS#1922806

CA DISCLOSURE | TX DISCLOSURE | PRIVACY POLICY